I feel like there may be a double triangle on this one. (as marked by the red down line and blue baseline. There is strong support listed with the current trend as under that mark. Should be a bounce up and down until we reach the smaller blue triangle intersection. We should see "some" relief at this point followed by a small trend up until we hit the second cross of the red down trend followed by the support line. At this point if the whales allow it we should see a return to 600.
Commentaire:
be super careful here. this is another support break that just hit... this could drop to a lower support level if not careful. I expect some panic sells to hit in this . There could be room for some good swing trades. Make sure you stop loss to minimize yoru losses.